Bought with Berkshire Hathaway HS NW
$1,325,000
$1,350,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2501 Oakes Everett, WA 98201
5,020 SqFt
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,020 sqft
Price per Sqft $263
Subdivision Historic N Everett
MLS Listing ID 1765250
Sold Date 06/18/21
Style 55 - 5-9 Units
Year Built 1915
Annual Tax Amount $8,254
Lot Size 6,098 Sqft
Property Description
(3) Duplexes and (1) Single Family home on one tax parcel. This (7) unit complex is offered at a current 6% CAP. Raising rents to market rate equals a 7.4% CAP in an great location with lots of development nearby. Zoned Urban Residential for up to 4 story building for future development potential. All (3) duplexes are 2bd/1ba on bottom floor and 1bd/1ba on top floor. The home is a 3bd/1ba w/W/D. Three duplexes share a coin operate W/D in basement of one of the buildings that has common access. Lots of updates have been done including sewer line work, unit renovations and lots of new windows. Addresses are 2501 Oakes, 2503 Oakes, 1906 25th St & 1910 25th St.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Whittier Elem
Middle Schools North Mid
High Schools Everett High
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157